How Can Executives Identify Fraud Actions in Payments for Interim Progress Invoices on Capital Construction Projects

One of the key issues associated with the execution of capital construction projects is the delayed payment of interim progress invoices to contractors which results in cash flow hardships and eventually claims and disputes. Nevertheless, this issue of delayed payments can also be associated with fraud actions where those involved Read more…

How to Improve the Monitoring, Evaluating and Reporting Progress Information of Work Tasks in Fit-out and Refurbishment Projects

Fit-out and refurbishment projects are in growing demand not only to address the branding and image requirements of an organization but also to comply with regulations for work areas, restaurants, movie theaters, play areas, public areas, and other types of regulations that organizations need to comply with to have a Read more…

Are You Using the Wrong Actual Cost (AC) Value for Earned Value Management (EVM) Reporting on Capital Construction Projects?

For those involved in capital construction projects whether those projects were Engineering-Procurement-Construction (EPC), Design-Build (DB), Design-Bid-Build (DBB), Build-Operate-Transfer (BOT), Public-Private Partnership (PPP), or any other project delivery method, determining the Actual Cost (AC) value to be used in calculating the Earned Value Management (EVM) key performance indicators are always a Read more…